Price of crude from Canada’s oil sands more than halves since June
Experts say the main reason behind such debacle is a combination of steadily rising production, pipeline constraints and an unexpected outage at a U.S. refinery.
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Most prestigious award in Canadian metallurgy goes to Hatch expert
Dr. Chris Twigge-Molecey of Hatch is this year's recipient of the Airey Award, the most prestigious award in Canadian metallurgy, presented by the Metallurgy and Materials Society (MetSoc) of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM).
Caterpillar and its regional dealers showcase customer support capabilities at Bluefield Coal Show
We have engaged in a very successful underground mining machine rebuild program with our customers—rebuilding scoops, shield haulers, continuous miners, feeder breakers and longwall gearboxes.
Advanced Maptek spatial data systems target mine survey productivity
Maptek technology provides the solutions surveyors need to maximise efficiency by enabling fast and accurate data capture and analysis.
Most Chinese rare earth miners running at a loss — report
About 90% of China’s rare earth producers are currently operating at a loss as prices for the coveted elements continue to drop due to a global glut and illegal mining.
Freeport cancels copper exports from Indonesia as permit expires
The company, which runs the massive Grasberg mine in Papua, has stopped exporting since last month.
The Saudi oil price war is backfiring
With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces behind the current oil price slump.
Commodities, mining stocks sinking as China devalues its currency again
But gold is, so far, profiting from the situation, heading for its longest winning streak in three months.
Chinese fears send gold price to 3-week high
"Gold's best moment this year came when we saw various FX swings, lots of central banks cutting interest rates or intervening in their monetary policy."
